VisionThree’s 3-D program depicting the city’s potential growth downtown has become a key interactive tool for selling developers on getting involved. And Mayor Mark Myers can cart it around in his pocket.
The commercial openings are part of the $1 billion Anson development, led by Indianapolis-based Duke Realty Corp.
The 16-acre property could command $6 million to $8 million from developers, but a state law might prevent Indianapolis Public Schools from cashing in.
A local couple that operates a downtown insurance firm has embarked on a “multimillion-dollar” project to rehabilitate the Vonnegut-designed structure, which recently has played host to heavy-metal concerts and league basketball.
A ruling on Monday from the 7th Circuit Court of Appeals upheld a city ordinance that prohibits adult entertainment businesses from operating in certain areas.
Carvana got the green light to buy the land in the Mount Comfort area from struggling trucking company Celadon Group Inc., which last year abandoned plans to build a new headquarters there.
The ultimate project, to be developed in phases over the next several years, is expected to be a $245 million, 141-acre complex with 786,000 square feet of facilities.
The impending arrival of the full-service Embassy Suites with convention and banquet facilities may have attracted yet another hotelier to the critical mass of operators just west of Indianapolis International Airport.
Stenz Construction Corp. is seeking a city tax break to help offset costs for reclaiming a ramshackle set of buildings and creating fitness facilities, climbing walls, and office and restaurant space, among other features.
The Indianapolis store is among three in Indiana, and 16 total, that Sears plans to sell and lease back to generate cash for pension obligations.
But Jonathan Nalli said the health system has no plans to build a $1 billion hospital complex.
The not-for-profit is spending $4.5 million to renovate its new building following an agreement to sell its current property to the neighboring Children’s Museum of Indianapolis.
Zeller Realty Group has sold the two spacious buildings along the North Meridian Street office corridor after undertaking extensive renovations.
Onward Investors LLC announced Monday that it sold the building to Arkansas-based Tempus Realty Partners three years after acquiring it.
An investment team headed by Bill Oesterle says it’s planning a “playground for the creative and innovative” on the 17.5-acre property.
Council member Colleen Fanning said the action gives neighbors another chance to have their say in a redevelopment proposal that could affect what’s been deemed Haverstick Woods.
The $70 million price marks a whopping 75 percent increase over the $40 million the previous owners paid to buy the property in early 2016.
The long-vacant P.R. Mallory building on East Washington Street is closer to becoming occupied, after plans to bring the Purdue Polytechnic High School there stalled over higher-than-expected renovation costs.
As part of its local downsizing, Angie’s List has signed a lease to occupy four floors of a historic downtown building, becoming the largest tenant in the 12-story office tower.
The local developer has been awarded nearly $900,000 in incentives for a senior housing project in Cumberland that will be built near the church, which was once slated for demolition.
